Cardano between two important levels. ADA/USD analysis.
A strong upward move is expected on the Cardano chart. The reflection from the bottom trend line of the triangle really indicates the tendency for the price movement upwards.
On the other hand, we are just below the strong price level, where we meet weekly Pivot point and daily Pivot point. This is not common and we definitely need to be careful.
However, we will switch to a lower time frame and use our Price action strategy to find a suitable place to enter. We share all the details with our members and they will be the first to enter the market with us.
We wish you a nice traing.
Your UCT
On the other hand, we are just below the strong price level, where we meet weekly Pivot point and daily Pivot point. This is not common and we definitely need to be careful.
However, we will switch to a lower time frame and use our Price action strategy to find a suitable place to enter. We share all the details with our members and they will be the first to enter the market with us.
We wish you a nice traing.
Your UCT